Chapter Fifty: Empty-Handed Suit

  When they returned home, Liu Dacheng and Zhao Qin were still frowning, having lived for many years, they had never been the center of rumors before, this time just buying a few cabinets, causing such big news, as if they had a lot of money, making them feel unbearable.

  Liu Yifei sat in front of his parents and smiled: "I didn't know our family was so rich, buying so many at once."

  Zhao Qin was feeling suffocated and said in a bad mood: "What money, this is all rumors from others, we invested the money for your college education into the store."

  Liu Yifei smiled and said, "This is a good thing, everyone will buy it, definitely more and more people will want to buy it, the counter price will definitely go higher and higher, even if you don't want to do it, can't you still make a profit?"

  Liu Dacheng's eyes lit up instantly, and he said: "Yifei is right, didn't Li Jie say that today? Even if we don't want to do it, selling it will make money."

  "That's true, if we really had a bunch of stocks, it would be great, unfortunately, we don't have any in our hands." Zhao Qin regretted again at this time.

  For this change in his parents, Liu Yifei secretly smiled to himself. He had used these two small tricks and finally made his parents walk further down the path of making money. With a slight smile, he said: "Actually, you still have the opportunity to make money now."

  "Is there still a chance?" Liu Dacheng and Zhao Qin both looked at Liu Yifei.

  Liu Yifei nodded and said, "Yes, now many people buy counters as a kind of investment mentality, so as long as you add a price to them, they will definitely sell out. You can buy some more."

  "Where are we going to get the money? Don't tell us to take out a loan, that's too risky." Mother Zhao Qin immediately shook her head, but obviously not as resolute as the last time they mentioned taking out a loan.

  Liu Yifei smiled and said, "There's no danger at all. For a mall to have good business, the first and most important things are its geographical location and scale. Xinxing Mall is located in the city center, right next to your current mall. As long as customers enter your mall, they will definitely go to the new mall to take a look. And I've also seen the plan for the new mall, the facilities and environment inside are much better than your current market, so these two most important conditions don't need to be considered at all."

  Pausing for a moment, seeing that his parents were listening seriously, Liu Yifei continued: "If these two hardware conditions are met, then it's the software inside the business circle, and what is referred to as software is actually the merchants."

  "Hardware? Software?" Liu Dacheng and Zhao Qin both looked somewhat bewildered.

  Liu Yifei secretly wiped the sweat, this hardware and software terminology was too advanced for his parents, they simply couldn't understand it. Even if he were to explain it to his current high school classmates, they wouldn't understand either. At that time, there were very few families with computers, and schools didn't even have computer classes.

  Reorganizing the language in his mind, Liu Yifei said: "Hardware and software are just analogies. Let's put it this way, even if a shopping mall has great conditions, if there aren't many merchants inside, it definitely won't attract customers to go there. Now that the counters and specialty stores have all been sold out, those who own stores and counters will definitely not let them sit idle, they'll have to stock up and move in. Naturally, the mall will start to thrive, and business will be good."

  The parents exchanged a glance, and it was clear that they were both somewhat moved.

  "I know you're worried that if we buy too much, there won't be anyone to take care of it, and also afraid that it can't be rented out. Then consider this: now just spread the word that our family's store is for rent, see if anyone comes to rent it. If someone rents it, then you can continue buying more. However, the later you buy, the price will definitely be higher, so the earlier you act, the better."

  Liu Dacheng suddenly sighed and said, "Foolish child, your idea is not bad, but do you know that borrowing money is not that easy? Why would the bank lend us money?"

  Liu Yifei was well-prepared for this, as he had been an expert in securing bank loans in his previous company. Moreover, obtaining a loan in '94 was not as difficult as it would be in later years, especially in their small city where bank employees were eager to approve loans. With a slight smile, he said: "This isn't a difficult task at all. The most important things for a loan are collateral and repayment ability. Now, don't we have a business license for the counter? And aren't you paying taxes every month? Then, using the counter and store we've already purchased as collateral, we'll have both income proof and property collateral. Once we use the borrowed money to buy more counters, then use those things to secure another loan... it's a cycle. I think borrowing 300,000 or 500,000 won't be too difficult."

  Liu Dacheng and Zhao Qin were stunned by what they heard, Liu Yifei said things that they had never even thought of before.

  "Th...th...is...will this do?" Zhao Qin stuttered as she spoke.

  "Of course, it's doable." Liu Yifei wanted to say that this was a common tactic used by those empty-handed masters in 2000, and now using it would naturally be no problem. However, these things are better left unsaid, and besides, his parents wouldn't understand anyway. "Besides, our family isn't really unable to repay the debt. Once the store opens, the huge returns will be in hand, and this bank loan might even be repaid with just half of the shop and counter."

  "This...this is really a bit too...too..." Liu Dacheng couldn't say a suitable word at this time, looking at Zhao Qin, the two people's eyes also had great excitement, apparently the blueprint drawn by Liu Yifei for them was very moving.

  "One flight...... you...... how did you know so much?" Zhao Qin suddenly changed the subject.

  Liu Yifei smiled and said, "The power of knowledge is infinite. You've spent money on my education, it's not in vain. I must learn to make good use of it." He then repeated the same excuse he used to deceive his parents last time.

  "Is this all you learned from school?" Liu Dacheng furrowed his brow.

  "Of course not, but I like reading economics books, all these are from what I've read, there are countless successful cases, however our city's development is relatively backward, now it's just right to use them, if we develop for another two years, then doing so may not be successful, the opportunity is right in front of you, whether you do it or not I don't care, if only you had listened to me earlier and taken out a loan to invest, then you wouldn't have had to go through all this trouble... sigh..." Liu Yifei let out a sigh and shook his head.

  Liu Dacheng and Zhao Qin both smiled awkwardly, they really regretted not listening to Liu Yifei at that time and directly buying a few more.